{"data":{"id":"us-ok/okla.-stat.-tit.-74-74-5063.4e","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 74, § 74-5063.4e","heading":"Coinsurers","body":"In addition to its other powers and except as applied to Section\n\n5063.4d of this title, the Oklahoma Development Finance Authority\n\nmay select a coinsurer to insure a percentage of each loan in a pool\n\nor in the portfolio of loans for which Credit Enhancement Reserve\n\nFund-backed bonds have been or may be issued, provided that the\n\nAuthority may also select a coinsurer to insure individual nonpooled\n\nloans should such loans be credit enhanced or supported by the\n\nCredit Enhancement Reserve Fund. The Authority may contract to pay\n\nlosses up to a stated limit and permitting principal reductions to\n\nbe applied to reduce the liability of the coinsurer until its\n\nliability is extinguished.","path":["OK Code","Title 74"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os74.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"32729a27263322339aaede6519b47b7ca05e6415b2cb5010b6bf78025a27b33b","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-74-74-5063.4d","next":"us-ok/okla.-stat.-tit.-74-74-5063.4f"},"notice":"GroundRules: Original legal text. Not legal advice."}